Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (12443)	10/31/1997 2:48:00 PM
From: Karl Radke	Read Replies (1) \| Respond to of 18263

Shhhh ... what's that sound? ... Yes, I do believe it is the sound of debentures being converted to shares by the Cayman Islanders. Short to $0.00.

To: Roger A. Babb who wrote (12443)	10/31/1997 2:49:00 PM
From: taxikid	Respond to of 18263

could it be that caymans are doing this and that the stock price will be volatile- i think so- wall st doesn't hammer comanies like this so quickly- as shorts go nose to tail to take profits right away- that is why so many staunch shorts keep their shorts to themselves- less short interest less chance for squeeze and quicker exit on the drop- like oxhp. taxi

To: Roger A. Babb who wrote (12443)	10/31/1997 3:11:00 PM
From: HighGain	Respond to of 18263

>> it seems that there is a big buyer at 14 3/8...Does not seem logical, but it is happening. << Seems perfectly logical to me. The buyer is BonniesGuy. On CalculatedRisk's advice and took out a second on his house, maxed out his credit cards, borrowed as much as possible from friends and family, took a loan against his 401(k), scraped together every nickel & dime - and invested it all in Zitel - on margin! He going to prove he is right by single handedly forcing a short squeeze on us.